Content What Is a Write-Off? Definition & Examples for Small Businesses Real Talk Series: Do My Cancer Treatments Affect My Tax… Low Density/Wholesale Power Costs All The Single Ladies…Put Your Tax Deductions Up! IRA Contributions Interest on Certain Investments, Loans, and/or Obligations Certain Network Telephone Service And it’s important to know which category you fall […]

Content Why Is Debt-To-Total-Assets Ratio Important? What is the debt-to-total-assets ratio used for? What the Debt-to-Asset Ratio Is Alert: highest cash back card we’ve seen now has 0% intro APR until 2024 What is Debt to Asset Ratio? Debt Asset Ratio Calculator This is highly risky, and such debt to asset ratios are common for […]

We value our customers and make them happy by meeting their expectations. As the name implies, back office accounting supports the front office of a business. While an owner can make a decision about the accounting process, the change is often made for the purpose of the front office. In short, accounting should be able […]

In other words, it means spreading out the value of an intangible asset over its lifetime. This is also applicable to loans whose book value reduces over the years through fixed and varied interest rates. Depending on the asset and materiality, the credit side of the amortization entry may go directly to to the intangible […]

Founders have enough on their plates without having to worry about their finances. We take care of the accounting so you can focus on moving your businesses forward. Centaur Digital Corp, helping busy business owners efficiently manage their accounting system. “Outsourcing is absolutely good option for any small business CPA or even a medium sized […]

Likewise, distributions to owners are considered “drawing” transactions for sole proprietorships and partnerships but are considered “dividend” transactions for corporations. Thus, this deferred tax asset gets reversed over a period of time. It gets reversed at a time when the expense is deducted for tax purposes. However, these prepaid expenses eventually turn into expenses from […]

Content Business credit cards Add Up the Deposits for a Subtotal How do I order checks or deposit slips? Personal You can update and use any invoice template according to your business’s needs, regardless of industry or size. Lawn Care InvoiceThis Lawn Care Invoice PDF template contains the essential elements to serve as an invoice […]

Content Use Time Tracking Software With Geofencing Q. Does construction accounting software offer time tracking? Improve Inventory Tracking Reconcile Bank & Supplier Statements While questions and issues may require reaching out to the manufacturer, the real efficiency comes with the team being able to use the software to its full potential on their own. With […]

Content Monetary Unit Principle What Are Accounting Principles? Monetary unit principle: Revenue Recognition Principle It also helps companies comply with statutory and regulatory requirements better. The primary objective of this principle is to help the company and its stakeholders with the quality of financial information. Organizations in individual countries may issue accounting standards unique to […]

For this reason, all larger organisations must publish both a cash flow statement and an income statement. Based on the United Nations new statistical framework, it provides a common set of rules and methods to track changes in ecosystems and their services across policy areas. As a business grows, each capital account grows in proportion […]